Caliber Home Loans is marketing a residential mortgage-backed securitization mainly backed by nonprime loans, called COLT 2016-1 Mortgage Loan Trust.
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Wheels Inc., one of the nations oldest and largest vehicle fleet lessors, is back in the securitization market after a years absence with a pool of corporate lease contracts.
July 27 -
Blue Bridge Financial, a specialty lender that caters to manufacturers, vendors, and distributors of commercial equipment, has obtained a $40 million securitization facility from Sun Life Assurance and Securicor.
July 27 -
Banco Sabadell is pushing out a 1.75 billion (US$1.92 billion) securitization of small business loans through a newly established trust platform.
July 27 -
It follows in the footsteps of Moodys Investors Service, which completed a similar review of its criteria for rating Federal Family Education Loan Program ABS last month.
July 27
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Bank of America is securitizing a portion of a new $450 million commercial mortgage for the International Square office complex in Washington, D.C., featuring The Federal Reserve and The World Bank as prime tenants.
July 26 -
Freddie Mac has reached a binding commitment with Chimera Investment Corp., a New York-based real estate investment trust, in its pilot structured sale of seasoned loans.
July 26 -
Barclays 13th U.S. credit card securitization, and the first for 2016, has taken a shift toward older vintage accounts in its new $609.8 million pool of receivables. Fitch, S&P have issued preliminary ratings to the Class A notes in the capital stack.
July 26 -
As expected, Navient is preparing another $1.0 billion securitization of federally guaranteed loans that were once delinquent but are now making timely payments.
July 25 -
Groupe Banque Populaire, Caisse DEpargne (BPCE) is pursuing a second securitization from a revolving pool of up to 50 billion in residential mortgage loans held in its two-year-old asset-backed fund.
July 25 -
Online lender Social Finance is planning a second consumer-loan securitization in just over a month with a $480 million notes offering backed by $575 million in prime, high-earner unsecured personal loans.
July 25 -
The subprime auto lender a unit of the Spanish banking giant Banco Santander initially planned to release its earnings on Wednesday, July 27. But it said in a news release that its financial statements have "not yet been completed" due to discrepancies between current and former accountants over the way it calculates its provision for credit losses. Santander Consumer did not set a new date for the results.
July 25
